potential entrant

Therefore, the incumbent can use these as a signal to any potential entrant.

Are there a few dominant bidders or lots of potential entrants?

If this will always happen, potential entrants will be deterred.

The second condition for equilibrium is that firms enter until the next potential entrant would make a loss.

Research and development - Some products, such as microprocessors, require a large upfront investment in technology which will deter potential entrants.

Darpa had originally received requests from 100 potential entrants.

Its theme reflects the specialty or interests of the judge and potential entrants are advised of this.

Those who are already members judge potential entrants on the extent to which they possess characteristics they wish to see in their future peers.

Could I suggest that it may be a good idea to amend the brief to be a bit clearer for other potential entrants?

Firms may use advertising to defend their existing position or to signal to potential entrants that incursions will be challenged.

Therefore the possibility of there being a natural monopoly is intimately related to the assumptions regarding potential entrant behaviour.

This advertises to other potential entrants that they will encounter the same aggressive response if they enter.

The results may also shed some light on the troublesome issue of whether advertising by incumbent firms constitutes a barrier which potential entrants must overcome.

Consider a dynamic game in which the players are an incumbent firm in an industry and a potential entrant to that industry.

Federal oversight is justified because otherwise the long-distance carriers and other potential entrants will be forced to meet 50 radically different regulatory schemes.

Such partnerships could easily be used to benefit incumbents and to restrict potential entrants, a point made by Mr. Anderson.

However, a competing Formula Two race at Crystal Palace took away some potential entrants.

The limit price is the price that a potential entrant would face upon entering as long as the incumbent firm did not decrease output.

Though Real Networks and Microsoft are the leaders, there are other competitors in the field, and some big potential entrants.

Some academics contend that the Justice Department's guidelines underestimate the extent to which small concerns and potential entrants may discourage market leaders from raising prices.

Clearly, if exit is costless and entry is free, a potential entrant faces only a negligible loss if things go wrong.

The basic idea is that sunk costs shift profit outcomes in the post-entry game so that a potential entrant will be deterred.

Potential entrants were given until May 29 to register for the stated purpose of gauging the volume of entires.

Intellectual property - Potential entrant requires access to equally efficient production technology as the combatant monopolist in order to freely enter a market.

Potential entrants into the Soviet program need to know whether their risks will be backed by Soviet, as well as Western, hard currency.